China gas and power month in brief: June 2016
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Report summary
What happened to China's gas demand recovery in May? With demand slowing markedly the key question is whether the May data was a blip or has the recovery run out of steam? We think weather was a key factor but attention will now turn to the June demand numbers to assess whether demand really is back on track. In the LNG sector, the deal between Huadian and Sinopec that will see Huadian accessing the Tianjin regas terminal for up to 20 years has received surprisingly limited coverage. This is the first long-term third party access deal in China and we believe is hugely significant for the way emerging buyers will be accessing the market going forwards. Elsewhere, power market reform remains a hot topic with policy change continuing to push ahead.
Table of contents
- Executive summary
-
Markets
- Data dashboard update: is the recovery in gas demand running out of steam?
- Power demand looks set for a modest recover
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Policy
- National power system planning aims to bring order back
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Corporate activity
- Huadian gains access to Sinopec regas terminal
- Beijing Gas Group stepping up its LNG activities
- Smog watch
- Summer in the city
Tables and charts
This report includes 3 images and tables including:
- Monthly gas demand
- Monthly LNG demand
- Beijing AQI
What's included
This report contains:
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